South Korea reports new avian influenza case at duck farm
South Korea has confirmed its 12th case of highly pathogenic avian influenza (AI) for the season at a duck farm in the southwestern region, authorities said on Wednesday.
Hyundai Motor, South Korea’s top carmaker, and its sister company, Kia, are set to post combined exports of 2 million units in 2023, data showed on Sunday, on the back of the post-pandemic market recovery.
Hyundai and Kia shipped 945,062 and 867,136 respective units of automobiles over the January-October period, according to the Korea Automobile & Mobility Association, reports Yonhap news agency.
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The combined figure represented a 17.5 percent rise from the same period in 2022, the data showed.
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Considering the monthly shipments of 180,000 units by the two carmakers, industry officials anticipate that their overseas sales for all of 2023 will exceed 2 million units for the first time since 2016.
“The increase came after the group expanded domestic production capabilities to address the rising demand for eco-friendly cars around the globe,” a Hyundai Motor Group official said.
The combined value of exports also reached US$43.9 billion over the January-October period, data showed, already beating the previous year’s combined shipments worth $41.5 billion.
The average price of cars sold came to $24,000, up 68 percent from $14,000 tallied in 2016.
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